Chase vs Synchrony Bank
Chase is a national bank with good promotions for new customers. How does it compare to Synchrony Bank? Read our comparison chart below.
Chase is one of the biggest banks in the nation with more than 4,700 branches and over 16,000 ATMs. They offer a variety of banking, loans and investing services.
While Synchrony Bank offers high interest savings with an ATM card for easy withdrawals. There is no minimum deposit. Their CDs require a $2,000 minimum deposit to open. There are no service fees for any products.
Compare Chase with Synchrony Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
 |  | |
Chase | Synchrony Bank | |
|---|---|---|
Chase Bank $225 Bonus - | High Yield Savings - 0.50% APY - | |
Benefits and Features | ||
| Savings | Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open. Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account. | 0.50% APY. No monthly service fee and no minimum deposit. An ATM card is provided for easy withdrawal. Synchrony will refund ATM fees for other banks up to $5 per statement cycle |
| CD | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. | 0.15% to 0.80% APY. Terms of 3 months to 5 years. Minimum deposit of $2,000 to open. |
| Checking | Chase Total Checking® Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open. Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open. Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open. Chase Private Client Checking: For high net worth individuals who have $250,000 on deposit with Chase. | |
| Money Market | 0.35% APY. No monthly service fee and no minimum deposit. | |
| Customer Service | Mon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET) | |
| ATMs | Any ATMs with Plus or Accel logos | |
| IRA CD | 0.15% to 0.80% APY. Terms of 3 months to 5 years. Minimum deposit of $2,000 to open. | |
| IRA Money Market | 0.35% APY. | |
| Locations | ||
CreditDonkey® Reviews | ||
| ||
| Savings |    | |
| Checking | | |
| Customer Service | | |
| Mobile App | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | National bank with good promotions for new customers... | Good online bank offering high interest rates... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chase: Pricing information and data points from published website as of 12/17/2020 Synchrony Bank: Pricing information from published website as of 7/23/2021. | ||
Chase Total Checking® - $225 Bonus
- New Chase customers enjoy a $225 bonus when you open a new Chase Total Checking® account and set up direct deposit
- Access to 16,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
Which is Better: Chase or Synchrony Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Chase or CIT Bank.
In short: Synchrony Bank's savings is excellent.
Articles on Chase
Is Chase a Good Bank
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Chase Open Account
Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Chase Business Checking Bonus
Right now, Chase Business Complete Checking is offering a $300 bonus for new customers.
You Invest Chase
Chase You Invest App has a bonus promotion, low fees and mutual funds trading. But is it good for beginners? Read this review for the pros and cons.
Chase Routing Number
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
How to View Your Chase Bank Statement
You can easily access your Chase bank statement online. Find out how to view your past activity at any time.
How to Setup Direct Deposit with Chase
Get paid faster when you set up direct deposit with Chase. Here's how to get started below, plus how long it takes to get your money.
How to Go Paperless with Chase Bank
Tired of getting paper statements from Chase? Follow this simple guide to go paperless with Chase Bank.
How to Replace Your Chase Debit Card
Need to replace your Chase debit card? Here's how to request a new one through the website, mobile app or customer service.
How to Text Chase Bank for Your Balance
Chase Text Banking lets you check your balance with a simple text. Find out how to sign up for this convenient service below.
Articles on Synchrony Bank
Synchrony Bank Review
Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account.
Which Do You Think is Best?
You Might Also Like
How to Choose a Bank: Beginner's Guide
Can't decide what bank to use? Here are tips for choosing a new bank that's right for your needs.
Capital One 360 Review: Pros and Cons
Capital One 360 checking and savings accounts are free to open and offer higher-than-average APY rates. Does this popular web bank live up to its claims? Find out if it's right for you.
CIT Bank Review
CIT Bank offers a high interest rate. But how reliable is this online bank? Read this review to find out if what you heard is true.
Ally Bank Review: Is It Worth Opening an Account?
Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here.
Next Page: Chase Bank
